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Sold for $1,405,000 on 04/02/24
  • $1,405,000

    4 Chestnut Park, Melrose, MA 02176

    7beds
    3,622sqft
    3 Family - 3 Units Up/Down
    Built in 1894
    -- sqft lot
    $1,481,000 Zestimate®
    $388/sqft
    $3,053 Estimated rent

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    $3,053/mo

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    $3,053/mo

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    $8,534/mo

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    $8,534/mo

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    What's special

    Incredible fully occupied 3-Family investment opportunity in Wyoming Heights section of Melrose. This Queen-Anne Victorian showcases 1st & 3rd floor 2bedroom units and a 2nd floor 3bedroom unit. High ceilings, hardwood flooring, and a time capsule featuring beautiful interior wood work. Separate utilities, including gas heating for all units and Central AC on the 3rd floor unit. All 3 apartments include in-unit laundry. Full basement for tenant storage. Location, Location, Location! Close to bus, train and commuter rail. Less than 1/2 mile to downtown Melrose ammenities. Two off-street driveways to corral 2 parking spaces per unit. Floor plans attached. Add to your investment portfolio, 1031 Exchange or consider potential condo conversion. ***Due to full occupancy, please refer to Open House times for all showings - 11am-1230pm Saturday/Sunday.***

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2024 at 10:32am

    Listed by:

    Sean Page,

    Signature Page Real Estate, LLC

    Bought with:

    Mark Linsky

    At Home Realty, Inc.

    Source: MLS PIN,MLS#: 73201963

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Flooring: Wood, Tile
    • Basement: Full,Walk-Out Access,Unfinished
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 3,622
    • Total interior livable area: 3,622 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off Street, Paved
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Screened, Deck
    • Exterior features: Rain Gutters
    Lot
    • Size: 6,634 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 653872
    • Zoning: URA

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family - 3 Units Up/Down
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle,Rubber
    Condition
    • Year built: 1894

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Highway Access, T-Station
    Location
    • Region: Melrose

    HOA & financial

    Other financial information
    • Total actual rent: 6575
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    Estimated market value
    $1,481,000